Recently, strong claims have been made in favor of newer data types and integrated Data Management Systems. Integrating Analytics & BI platforms may help break the barriers between isolated silos, and enable unified views of business data and insights for faster decision making. The basis for these integrated Data Management Systems rely on databases as a foundation of business intelligence. In addition, technologies have advanced to produce business analytics solutions and blockchains.
Listen to the following interview with Tapscott Group CEO, Don Tapscott, in regard to blockchains. Based on Tapscott’s explanation of blockchains as they relate to databases, as well as from your readings in this module, discuss with your classmates your view of databases, business intelligence, business analytics, and blockchains. How do you foresee the future of these technologies advancing within your own work environment or within the public sector?
How Blockchains Could Change the World (Links to an external site.) (McKinsey & Company)